RE: Good news for shareholders...Thanks to Loonee for your heads-up.
Looking forward to a stream of good news coming...
Good luck to all longs.
Peter
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As it turns out, in a country where only 5% of demestic U308 needs are met domestically and where Dension has a monoply with the White Mesa mill, EFR's new Pinon ridge mill will qualify for the US gov't loan guarantee.
Note the following 'The administration is one step closer to issuing guarantees for loans for clean energy projects that will help reduce our dependence on foreign energy sources, boost economic competitiveness, and combat climate change,' DOE spokeswoman Megan Barnett wrote in an e-mail.
The $70MM or so price tag can be debt financed or perhaps presell of Uranium to a US utility, with little to no dilution to shareholders.
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